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3 Jun 2020, 11:33 pm
Among the many types of bankruptcy, only two of them are most applicable to individual debtors: Chapter 7 and Chapter 13. [read post]
3 Jun 2020, 11:33 pm
Among the many types of bankruptcy, only two of them are most applicable to individual debtors: Chapter 7 and Chapter 13. [read post]
2 Jun 2020, 5:25 pm
Further extension of financial reporting deadlines granted by ASIC to listed and unlisted entities and ‘no action’ position of Annual General Meetings ASIC announced on 13 May 2020 that it will extend the deadline to lodge financial reports for both listed and unlisted entities under Chapters 2M and 7 of the Corporations Act 2001 (Cth) (Corporations Act) by one month for certain balance dates up to and including 7 July 2020 balance dates. [read post]
30 May 2020, 11:39 am
The Warren Plan cancels that requirement, although I suspect Trustees will still demand to review recent paycheck stubs and the most recent tax return filed. #3 Elimination of Chapter 7 and Chapter 13??? [read post]
30 May 2020, 11:06 am
Other rights belong to the bankruptcy trustee, or your creditors. [read post]
22 May 2020, 2:30 pm
Discharge Debt Limitations: Chapter 13 Rather than liquidate your assets, Chapter 13 reorganizes your debt. [read post]
21 May 2020, 4:35 am
Debtors who are not willing to lose their properties or those that are judgment-proof (meaning they do not have enough property to pay back creditors), may consider filing for Chapter 13 bankruptcy instead. [read post]
19 May 2020, 12:31 pm
In chapter 13 cases, the ability to exempt property can have a direct relationship to the amount of the monthly chapter 13 payment. [read post]
19 May 2020, 9:35 am
Instead, the court directed the chapter 13 trustee to submit an order of dismissal. [read post]
19 May 2020, 9:35 am
Instead, the court directed the chapter 13 trustee to submit an order of dismissal. [read post]
18 May 2020, 8:28 am
Retirement savings accounts have been broadly protected from the reach of Chapter 7 trustees and excluded or exempted in the asset analysis in Chapter 13. [read post]
15 May 2020, 4:28 pm
Christie Arkovich, Jake Blanchard, Nicole Mariani Noel and Chapter 13 Trustee, Kelly Remick, will discuss provisions of the stimulus bill that expand or create options for Debtors in Chapter 13 cases as well as Small Business Debtors under Subchapter V and many more. [read post]
7 May 2020, 7:22 am
This is the issue that troubles Chapter 13 trustees and creditors: is it fair for the debtor, who already owes debts he hasn’t paid, to keep a property that costs money to maintain every month. [read post]
6 May 2020, 2:51 pm
Chapter 7 Bankruptcy Chapter 7 bankruptcy relief is available to individuals and businesses and involves the sale of a debtor’s non-exempt assets by a court-appointed trustee. [read post]
6 May 2020, 6:00 am
The Chapter 13 trustee’s focus is on your household disposable income. [read post]
6 May 2020, 1:29 am
It can develop a debt management plan similar to the repayment plan you would have to create in a Chapter 13 bankruptcy case. [read post]
1 May 2020, 3:26 pm
Although a Chapter 13 bankruptcy protects assets from liquidation, the Trustee may take assets in a Chapter 7 bankruptcy and sell them, unless the assets are exempted. [read post]
30 Apr 2020, 1:31 pm
In a recent Pennsylvania case, In re Wilkinson, the married debtors were excused for filing overlapping Chapter 13 cases. [read post]
27 Apr 2020, 11:05 am
A chapter 13 bankruptcy is typically a 5-year commitment. [read post]
23 Apr 2020, 6:58 am
Chapter 13 Bankruptcy Proceedings Unlike Chapter 7 and Chapter 11 cases, Chapter 13 cases are always voluntary. [read post]
